Bill > A2757

This bill requires any entity that owns or controls electric transmission facilities within the State to become a member of and transfer control of those facilities to one or more "transmission entities," which are organizations approved by the Federal Energy Regulatory Commission (FERC) to operate as regional transmission organizations or similar bodies. This change is intended to prevent "rate pancaking," a practice where multiple transmission providers charge duplicative fees for electricity crossing different systems, and to improve service reliability, promote a competitive electricity market by separating generation from transmission control, and ensure fair access to transmission infrastructure. The bill defines key terms such as "transmission owner" as the owner or operator of electric transmission facilities, and "electric transmission facility" as the infrastructure used to move electricity in bulk. For a transmission owner to be in compliance, the transmission entities they join must meet specific criteria, including being FERC-approved, separating transmission and generation control, minimizing rate pancaking, enhancing reliability, fostering competition, having an independent governance structure, promoting positive performance, and maintaining real-time system reliability and non-discriminatory access. The Board of Public Utilities is authorized to create rules and regulations to implement these provisions.

Transportation and Infrastructure

https://www.njleg.state.nj.us/bill-search/2026/A2757